In Follow-Up, 'Academically Adrift' Students Show Worrisome Levels of Debt and Joblessness, Author Says

By Scott Carlson

Minneapolis

Some people have been talking about a bubble in higher
education. Richard Arum, a professor of sociology and education at
New York University, doesn't quite buy it. But he did tell a room
of college administrators here that higher education was going
through a sea change: Once upon a time, if you took the financial
risk of getting a college degree, no matter your major, you would
do extremely well in life, compared to someone with only a
high-school degree.